UnThreaded | Threaded | Whole Thread (15) | Ignore Thread Prev | Next
Author: myfoolmc Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 75385  
Subject: Is not the time to Sell High? Date: 7/17/2013 4:15 PM
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Recommendations: 0
Ok..here's my situation. I'm 2 years from retirement. My employer-sponsored retirement investments are in a 403(b) with TIAA-CREF. TIAA is a fixed guaranteed contract, and CREF is the equities (mutual funds) side of the plan. Currently, TIAA is earning 3-4% interest, and CREF investments are doing much better. My monthly contributions are 60% CREF, 40% TIAA.

I don't even pretend (or try) to time the market, but I'm hearing lots of respected market watchers saying that we may be at a high point, or that future gains may not be as robust as we've seen these last few quarters. I'm worried that if we are at a high, and the market roller coaster starts its downward plunge over the next year or so, I may be sitting at the bottom of the tracks (glassy-eyed) just as I reach my retirement date.

So, I'm wondering if now is a prudent time for me to move some (not all) of my CREF investments to the TIAA fixed. Once transferred, I can't move these monies back into CREF. In other words, is now the time to apply the old adage Buy Low, Sell High? And if so, what percentage should I transfer? What about my current monthly contributions --- should I stay the 60% CREF - 40% TIAA course, or re-balance to be more aggressive/conservative?

Thanks for reading.
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (15) | Ignore Thread Prev | Next

Announcements

The Retire Early Home Page
Discussion on accelerating retirement day.
Post of the Day:
Berkshire Hathaway

Starting a Small Business
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and "#1 Media Company to Work For" (BusinessInsider 2011)! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement